Mountain Province Diamonds (TSE:MPVD) Reaches New 52-Week Low – What’s Next?

Shares of Mountain Province Diamonds Inc. (TSE:MPVDGet Free Report) hit a new 52-week low on Friday . The stock traded as low as C$0.12 and last traded at C$0.12, with a volume of 100000 shares trading hands. The stock had previously closed at C$0.12.

Mountain Province Diamonds Stock Performance

The company has a market cap of C$25.46 million, a price-to-earnings ratio of 0.50 and a beta of 2.06. The firm has a 50 day moving average price of C$0.14 and a two-hundred day moving average price of C$0.15. The company has a quick ratio of 0.18, a current ratio of 4.04 and a debt-to-equity ratio of 90.05.

Mountain Province Diamonds Company Profile

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Mountain Province Diamonds Inc focuses on the mining and marketing of rough diamonds worldwide. The company holds a 49% interest in the Gahcho Kué mine comprising mining leases covering an area of 5,216 hectares; and 100% of the mineral rights of the Kennady North consisting of 22 federal leases and 97 claims covering an area of 113,000 hectares located in the Northwest Territories, Canada.

Further Reading

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